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611 Terrace Drive

611 Terrace Drive, Richardson, TX 75081
Sold Oct 16, 2009
$131,300
$105,061 by Ntfn Inc
Mortgage
Sold Aug 07, 2006
$118,000
$94,400 by Greenpoint Mortgage Funding In
Mortgage Due Aug 01, 2036
611 Terrace Drive has been categorized by the local assessors in Richardson, TX as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 611 Terrace Drive has 1,190 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,826 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 611 Terrace Drive sold most recently in Oct 8, 2009 for a total of $131,300. If you work out the math, that's approximately a cost of $91.05 per sqft. Before that, the property was also sold for $118,000 in Jul 17, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,384 in taxes each year. 611 Terrace Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,030. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $180,030. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 7,826
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,442
  • Building Area: 1,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,190
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RICHARDSON TERRACE 3
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RICHARDSON TERRACE 3 BLK P LT 15 INT200900294057 DD10082009 CO-DC 2055001601500 3CR20550016

Ownership

  • Current Owner : MARTINEZ JOEL N
  • Previous Owner : NOE KENNETH R
  • Previous Owner 2: NOE DEBORAH J
  • Owner Before Previous Owner: FAMILY UPLIFT HOUSING CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Richardson Independent School District
  • School Tax School District: RICHARDSON ISD
  • Census Tract: 019102

Zoning

  • Zoning: Z272

Geography

  • Assessors Map Reference: 422055001601500
  • Account Number: 422055001601500
  • Subdivision Tract Number: 20550
  • Parcel: 42-20550-016-015-0000
  • Block: P
  • Lot: 15
  • Municipality: RICHARDSON
  • Latitude: 32.9523
  • Longitude: -96.7168

    Address

  • Full Address: 611 Terrace Dr
  • Address - House Number: 611
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Richardson
  • Carrier Code: C025
  • 4-Digit Zip Code: 3512
  • Zip Code: 75081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,384
  • Tax Rate Code Area: RS

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 67
  • Final Value: 331,717
  • High Value: 409,854
  • Low Value: 253,580

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $124,264
  • First Open Lien Mortgage Lender: NTFN INC
  • First Open Lien Mortgage Recording Date: Oct 16, 2009
  • First Open Lien Mortgage Loan Amount: $105,061
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 21, 2015
  • Second Open Lien Mortgage Loan Amount: $19,203
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2045

    Market Valuation

  • Market Total Value: $260,030
  • Market Land Value: $80,000
  • Market Improvement Value: $180,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,030
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $180,030

    Sales

  • Current Sale Contract Date: Oct 08, 2009
  • Current Sale Recording Date: Oct 16, 2009
  • Current Sale Transaction ID: 1203887178
  • Current Sale Price: $131,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200900294057
  • Previous Sale Recording Date: Aug 07, 2006
  • Previous Sale Contract Date: Jul 17, 2006
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: NTFN INC
  • First Mortgage Transaction Date: Oct 16, 2009
  • First Mortgage Loan Amount: $105,061
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • Previous Mortgage Transaction Date: Aug 07, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $94,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Highland Terrace



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Frequently Asked Questions

What neighborhood is 611 Terrace Drive located in?
The 611 Terrace Drive is a located in the neighborhood of Richardson Terrace in Highland Terrace, Richardson.
What is the average sales price for listings in 611 Terrace Drive?
The average sales price for units in 611 Terrace Drive is $0 currently.

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